We are committed to providing our customers, shareholders and other stakeholders with the most current and accurate information on our company. You will find through these pages the current and historical press releases, events calendar, and an image library.

Polarcus vision is to be a pioneer in an industry where the frontiers of seismic exploration are responsibly expanded without harm to our world.

Polarcus awarded second 3D acquisition project offshore Greenland

by polarcus
on 02-Feb-12 11:23

Polarcus Limited (OAX: PLCS) is pleased to announce that the Company has received a Letter of Intent from Shell Kanumas A/S for a nominal 8,500 sq. km 3D seismic acquisition project offshore Greenland. The project, to be acquired by two ICE-1A/1A* class vessels, POLARCUS AMANI and POLARCUS SAMUR, will commence in Q3 2012.

Contacts

Rolf Ronningen, CEO Polarcus, +971 4 436 0800 / +971 50 459 6982

Tom Henrik Sundby, CFO Polarcus, +971 4 436 0800 / +971 50 708 6480

About Polarcus

Polarcus (OAX: PLCS) is a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from Pole to Pole. Polarcus operates a fleet of high performance 3D seismic vessels incorporating an innovative design and advanced maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects worldwide and employs over 500 professionals. The Company’s principal office is in Dubai, United Arab Emirates. For more information, visit www.polarcus.com

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)